This orchid is reported to be endemic to Colombia. The locality of the type collection is unknown and it is only known from cultivated plants (Calderon-Saenz and Camargo 2003, Calderon-Saenz 2007, Viveros and Higgins 2007).

The type of habitat in which this epiphytic orchid was collected is unknown. Dracula are caespitose orchids, which grow in tufts from short rhizomes. They are usually shade loving, and cool-to-cold growing species found in cloud forests.

Epiphytes have experienced dramatic population decreases mainly because of habitat loss and extraction activities, which have driven many species close to extinction (Mondragon et al. 2006). Past, present or future threats for this species in the wild can not be determined due to the unknown locality of the plant. Dracula species often bear very strange and bizarre flowers. They are currently very popular with amateur gardeners and there is some commercial trade in this genus (Koopowitz et al. 1993). This species is sold as an ornamental.

It is not known whether this orchid occurs within any conservation unit. It is cultivated by orchid enthusiasts. It has been assessed as Data Deficient in Colombia due to the unknown type locality (Calderon-Saenz 2007). This orchid is currently listed on Appendix II of the Convention on International Trade in Endangered Species (CITES), giving strict regulation in order to avoid utilization incompatible with the survival of the species in the wild. It has been suggested that Dracula species should be protected, by listing them in CITES Appendix I. Sixty-two percent of the species of Dracula have been reported from single localities and 90% of all species are found at three or fewer sites. Using published deforestation rates and species distribution profiles, Koopowitz et al. (1993) estimated that as many as 14 Dracula species may already have been lost and that the extinction rates for the genus may be equal to one species extinction every three years due to forest conversion (Koopowitz et al. 1993).